Taxmann's Analysis | Revisiting the Requirement of ITC Reversal for Time-Expired Goods
About this ebook
This article analyses Section 17(5)(h) concerning time-expired goods, along with the ambiguities surrounding the reversal of ITC, covering the following key points:
‣ Understanding the Relevant Legal Provisions and their Interpretation
‣ Applicability of the Same in the Given Scenarios
‣ Relevant CBIC Clarification and Contradictory Jurisprudence
‣ Conclusion
About the author
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries and Lawyers. This team works under the guidance and supervision of Editor-In-Chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the Six Sigma approach to achieve the benchmark of zero error in publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
• The statutory material is obtained only from the authorised and reliable sources
• All the latest developments in the judicial and legislative fields are covered
• Analytical write-ups should be provided on recent, controversial, and important issues to help the readers to understand the concept and its implications
• It must be ensured that every content published by Taxmann is complete, accurate and lucid
• All evidence-based statements must be supported with proper reference to Section, Circular No., Notification No. or citations
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• Font and size that's easy to read and remain consistent across all imprint and digital publications are applied
